32 million more Americans would be uninsured by 2026 under Senate measure heading to a vote...
Source: The Washington Post
32 million more Americans would be uninsured by 2026 under Senate measure heading to a vote next week, CBO projects
By David Nakamura July 19 at 3:27 PM
BREAKING: Congressional budget analysts estimated Wednesday that a Senate plan to repeal part of the Affordable Care Act with no immediate replacement would increase the number of people without health coverage by 17 million next year and 32 million at the end of a decade. The forecast by the Congressional Budget Office of the impact on coverage of the Senate GOP’s latest health-care legislation is nearly identical to estimates the CBO made in January based on a similar bill that passed both the House and Senate in late 2015 – and was vetoed by then-President Barack Obama.
The new report also said the legislation would decrease federal deficits by $473 billion over that 10-year window.
The measure, which appears to have little chance of passing, would get rid of ACA premium subsidies as of 2020 and would eliminate the penalty most Americans face if they go without health insurance. It would end Medicaid expansion as of 2020 as well as repeal several of the ACA’s taxes. And the cost-sharing subsidies that have been paid to insurers to help lower-income consumers afford their deductibles and other health expenses would be repealed in 2020.
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Read more: https://www.washingtonpost.com/powerpost/trump-challenges-senators-to-resurrect-obamcare-repeal-effort-were-close/2017/07/19/468c2dc0-6c8f-11e7-9c15-177740635e83_story.html?pushid=596fd10df1dad71d00000036&tid=notifi_push_breaking-news&utm_term=.422c8
CBO: 32 Million More Uninsured Under Senate O’Care Repeal-And-Delay Bill
By TIERNEY SNEED Published JULY 19, 2017 5:28 PM
Thirty-two million more people will be uninsured by 2026, compared to current law, if the GOP repeal-and-delay legislation the Senate may vote on next week becomes law, the Congressional Budget Office said Wednesday. The legislation, which was posted shortly before the CBO released its score, tracks closely with a bill that Congress passed and then-President Barack Obama vetoed in early 2016.
The CBO report also said that premiums would double by 2026 under the Senate legislation, which eliminates the Affordable Care Act’s taxes, insurance subsidies and Medicaid expansion, but keeps its regulatory regime in place.
The repeal of the subsidies and expansion would go into effect in 2020, while the elimination of individual mandate would take place right away.
The analysis predicted that insurers would flee the exchanges under those conditions:
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http://talkingpointsmemo.com/dc/cbo-score-senate-obamacare-repeal-and-delay
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Disasterous.
Ya know Steve
What's that Brian?
These are numbers
Yes and they (turns to camera) they can be really confusing
(Current blonde female) They sure can be
